A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 165 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 76 countries worldwide, and 154 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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The Search for Middle Class Stability in a Changing World
7 June 2019
17:00—18:15

Over the past decades, middle income populations in developed economies have seen their income stagnate while the costs of many traditional services — such as education, housing, child care, and healthcare — have been and are continuing to grow well beyond inflation rates. This has been coupled with job insecurity triggered by the advent of Industry 4.0, AI and robotics, and its potential to eliminate jobs traditionally held by middle class workers (accounting, banking, insurance, general managers, logistics etc. where up to 75 million jobs are estimated to be lost by 2022 alone). Can this lead to the potential spread of the ‘middle class squeeze’ to major emerging economies, which are currently driving global middle-class growth? While the resulting economic insecurity has already destabilized the body politic of many major developed economies, what are the risks of this trend extending to the emerging markets? What are some of the fundamental steps that can be taken to alleviate middle class angst, and why have traditional political leaders struggled to adequately respond to these long-term trends?


Date
07.06.2019
Forum
SPIEF
Started at
17:00—18:15
Conference hall
Congress Centre, conference hall D1
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